Revenue for the latest quarter fell 9.2% to $22.3 million from $24.6 million a year ago due to lower contributions from Shanghai Ocean Aquarium (SOA), Underwater World Xiamen (UWX), and the Singapore Flyer as all three attractions registered lower visitor numbers.
SINGAPORE (Feb 28): Straco Corporation saw a marginal 0.4% y-o-y dip in 4Q18 earnings to $6.04 million from $6.07 million a year ago, as lower revenue for the quarter was offset by lower expenses compared to the corresponding period.
For the FY18 ended Dec 2018, the group reported 12.4% lower earnings of $41.8 million compared to $47.7 million for FY17.
